pglaves
#13338
What happened to “performance based” compensation?
OM
Do not get me started on this. To get the bonus, they think only short term. How to maximize stock price in the next 90 days, or some other short term target. This lack of long term thinking has sunk a many executive, and many companies too. After puffing the short term numbers for a few years to get their bonuses the tactic catches up with them, so they are out, but take their golden parachute as they leave, headed to the next target of opportunity.